Cresco Labs Inc. - InvestorOverview

We're on a mission to normalize, professionalize, and revolutionize cannabis.

Corporate Overview

Cresco Labs, Founded in 2013

Cresco Labs is one of the largest vertically-integrated multi-state cannabis operators in the United States. Cresco is built to become the most important company in the cannabis industry by combining the most strategic geographic footprint with one of the leading distribution platforms in North America. Employing a consumer-packaged goods (“CPG”) approach to cannabis, Cresco’s house of brands is designed to meet the needs of all consumer segments and includes some of the most recognized and trusted national brands including Cresco, Remedi and Mindy’s, a line of edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside*, Cresco’s national dispensary brand, is a wellness-focused retailer designed to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco has launched the industry’s first national comprehensive Social Equity and Educational Development (SEED) initiative designed to ensure that all members of society have the skills, knowledge and opportunity to work in and own businesses in the cannabis industry.

Cresco Labs has one of the biggest footprints in the U.S. and growing, with:

11

Operational States

23

Production Facilities

56

Retail Licenses

22

Operational Dispensaries

Numbers above dependent upon closing of pending acquisitions and receiving regulatory approval.

Key Investment Appeals

Building National Brands

Rooted in the fundamentals of CPG brand building, Cresco Labs has implemented a CPG strategy to create and distribute a differentiated portfolio of brands that are aligned to distinct audiences, need states and occasions. This approach allows us to best deliver on different consumer segments’ expectations, meeting the consumer and patient needs of today while building for the needs of the future.

Our Family of Brands:

Cresco – Elevating everyday cannabis. Cresco offers our most popular and consistent strains, available in a wide variety of product forms at dispensaries and retail locations nationwide.

Reserve – Reserve is a demonstration of the cannabis plant's highest potential. We select strains with exclusive, proprietary genetics, nurture them with masterful cultivation techniques, and harvest just the top 10% of the flower by hand.

Remedi – Remedi products provide a safe, consistent and trusted alternative to traditional pharmaceuticals like opioids. With familiar formats and user-friendly delivering systems, Remedi is designed to help patients and consumers feel comfortable with cannabis.

Mindy’s – Restaurant-quality edibles created by James Beard Award-Winning Pastry Chef and Mistress of Deliciousness, Mindy Segal. Infused with the best-quality cannabis oils, a wide variety of uniquely delicious bites are available at multiple potency levels, all with a dose of decadence.

More brands coming soon!

Cresco Labs’ house of brands:

Wholesale Distribution

With a portfolio consisting of approximately 350 products and 5,000 SKUs, *Cresco Labs’ products are sold in over 700 dispensaries across the country. Cresco Labs has consistently demonstrated the ability to place its branded products on the shelves of most dispensaries in a targeted state. The CPG and wholesale strategy enables us to maximize its points of distribution and drive revenue growth independent of the expansion of its retail presence. We prioritize wholesale in order to reach as many consumers as possible, accessing the scaled benefits of a national footprint.

*Dependent upon closing of pending acquisitions

Turnkey Process for Growth

Cresco Labs’ professional, proven approach to the application process has enabled us to consistently drive top application scores in limited license markets. As a result, we’ve established a significant presence in medical cannabis markets with high barriers to entry and limited competition.

Having successfully navigated the most highly regulated markets in the country (IL, OH, PA), Cresco Labs has a repeatable process in place to guide expansion into other markets.

National Retail Footprint

Our 22 owned dispensaries give us the ability to not only sell our own products but focus on educating and building trust within the surrounding communities. These dispensaries serve as a critical platform for innovation and powerful consumer insights as we shape the future of cannabis.